Cars We Sold

1959 Ferrari 250 GT LWB California Spyder Serial Number 1307

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Lead photograph of 1959 Ferrari 250 GT LWB California Spyder Serial Number 1307

Specifications

Make   Ferrari Model   250 GT LWB California (Street: Steel)
Year   1959 Serial #   1307 GT
Engine #   0258 D VIN   
Engine Type   128D Chassis Type   508D
Build Sequence #    Number Built   41
Body Type   Spyder Body Builder   Scaglietti
First Owner   Hercolani Current Owner   Current Owner
Build Sheet   No Current Location   

Features

1307GT. Open Headlights. NP. 04/59 completed. Chassis type 508 D. Engine type 128 D. Owned at one time by William W. Morgan, Phoenix, AZ. It has unusual “SA Style” front fender vents.

History

Apparently sold new to Prince Alvise Hercolani.

1959, serviced at the Ferrari Service Center, Viale Trento Trieste, for Prince Hercolani.

1963, serviced at the Viale Trento Trieste service center by Bill Morgan. Then had 51,000 K.

1963 “ish” – 1968, owned by William W. Morgan, Scottsdale, AZ. He was the second owner. He purchased the car as a near new (aren’t they all) car when he was living in Paris, France. 1968–late, purchased from Morgan by Edwin K. Niles, Encino, CA. Niles is/was a very well known dealer/broker in the 1960s and 1970s. Had approx 40,000 miles. Had been repainted once (turquoise metallic). Niles repainted it metallic cherry red. Black leather and red carpets.

1974, identified by George Carrick in his book as a LWB California Spyder with open headlights.

1968, with third owner Jim Swartout, who moved to the Chicago area in the late 1970s

1989, November, offered by Rick Mancuso, Lake Forest Sportscars, Lake Forest, IL. “Third owner, (including Niles as second owner) has owned this car 21 years”—$1,750,000.00. Steel body.

1989, November, Gary Roberts of European Auto Sales flew in with a check for $1,000,000 for the car but was bumped to $1,100,000. Roberts called M. Sheehan, President of European Auto, and agreed to pay the $1,100,000. The owner then “bumped” the price to $1,200,000 and Roberts “walked”. Billy Jacobs then came in at $1,300,000 and was bumped to $1,450,000 and “walked”.

1990, Swartout sold his dental supply business for serious money. Now actively retired.

1996, 09 Sept,. Spoke with Jim Swartout. Yes, he bought the car in Los Angeles and paid about $4,000 for the car.

1996, 09 Sept., as per long talk with Rick Mancuso, very original car. Recently had a medium quality paint job and a new $10,000 interior. Has the original hardtop.

1998, 14 Feb., as per faxes from Rick Mancuso, Swartout is trying to determine the tax consequences for various tax trades/reasons. Interior is now redone and mechanicals and cosmetics have been cleaned up. What is it worth?

1998, May, being “shopped” by Rick Mancuso with hardtop.

1998, 27 May, as per inspection and long test drive by Mike Sheehan, good older car. Patina, Patina, Patina. Good older paint. Good recent interior. Did not put up the top. All gauges work. Started instantly. Ran well. Goes very good going “up” the gears. Weak first gear synchro when going “down”. Good brakes. Good suspension. No smoke. Pulled well to red line. Minor dents in front bumper. Grille fit good. Minor dents in grille. Patina car that would be great for the Colorado Grand, California Mille.

1998, 9 June, consignment agreement with Jim Swartout.

1998, 15 Aug., car for sale in Ferrari Market Letter, half page ad, by Mike Sheehan.

One owner for 25 years. Burgundy with black leather. Excellent older paint and leather. Soft and hard top. Runs and drives well. Everything works. All documentation for the last 25 years. Was $595,000, now asking $495,000 o.b.o.

1998, 29 Aug., car for sale in Ferrari Market Letter, same half page ad, by Mike Sheehan.

1998, 12 Sept., car for sale in Ferrari Market Letter by Mike Sheehan.

1998, 26 Sept., car for sale in Ferrari Market Letter by Mike Sheehan.

One owner for 25 years. Burgundy with black leather. Excellent older paint and leather. Soft and hard top. Runs and drives well. Everything works. All documentation for the last 25 years. Was $595,000, now asking $475,000 o.b.o.

1998, 29 Oct., as per inspection of cars by mechanics at Lake Forest Sports Cars, Authorized Ferrari Dealer for North Chicago, the internal number is indeed 0258 D.

1999, February, sold to a European buyer.

Note: The above vehicle information is complete and accurate to the best of our knowledge at the time it is posted to this website. Corrections or additional information is always appreciated.